The Happy Valley underground stormwater storage scheme is designed to alleviate flood risk in Wan Chai, Hong Kong. It involves the construction of a 60 000 m3 stormwater storage tank under the £9 billion a year Happy Valley racecourse, which has to remain operational throughout construction. It is also the largest NEC3 target cost contract undertaken in Hong Kong. The collaborative-style contract is characterised by an equitable risk-sharing mechanism, making it ideally suited for the severe site constraints and highly complex works. This paper describes how use of the NEC3 and a ‘one team, one goal’ approach is helping to ensure close collaboration between the employer and contractor and a successful outcome. Due for final completion in 2018, the project’s first phase – completed in 2015 – has already won several local and international awards.
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